Future Fund Convertible Loan: Teach-in Clinic on Key Commercial Terms
Why? While it is generally accepted there will be very limited scope for changing the terms of the Future Fund convertible loan (CLA), we believe it remains critical that companies looking to participate in the scheme have a clear understanding of the key commercial terms they are being asked to sign up to before entering into the definitive form of CLA.
Who should attend? This teach-in clinic is geared towards founders and investors alike. It will be run as an interactive session where we will:
- walk-through the key commercial terms of the CLA – including a focus on technical provisions, such as conversion triggers, redemption rights, MFN.
- lead a discussion on the implications – now and in the future – for companies considering signing up to the CLA.
- field any questions from attendees as we go along / at the end of the clinic.
Last but not least: this teach-in clinic is aimed at raising money for charity, while at the same time bringing you up to speed on the commercial terms of the CLA. All proceeds will be donated to Headway, MJ Hudson’s charity of choice for 2020 – please click here to visit the JustGiving page set up by Hudson Heroes, our firm Charity Steering Committee. We recommend a minimum donation of £50 – please give generously to a very worthwhile cause.
To attend, please register using this link: